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Guelph is Canada’s best place to buy real estate

Guelph, Ont. – located about an hour west of Toronto and known as “The Royal City” – is the most attractive city for real estate investment value in Canada, according to the latest Where to Buy Now report from MoneySense.

Every year, MoneySense tracks real estate prices across Canada and uses a data-driven test to capture the hottest real estate markets in the country with the most potential to continue to rise.

“Strong economic growth from manufacturing and agriculture helped keep the housing resale and rental markets strong,” MoneySense editors concluded. “And the red-hot Toronto market is convincing some buyers to relocate and make the commute to work.”

Where to Buy Now covers Canada’s 35 major cities and also goes deep to judge almost 2,000 real estate markets at the local neighbourhood level in nine of the country’s largest urban centres, including Toronto, Vancouver and Montreal.